SecurityBrief Australia - Technology news for CISOs & cybersecurity decision-makers

ACCC stories

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Australians lose $3.1bn in 2022 to rising online scams
Last month
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cloud security
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phishing
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email security
Aussies lost around $3.1bn in 2022 due to online scams, warns the Australian Competition and Consumer Commission and cloud security firm Akamai.
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Quest, Waave and Chemist Warehouse to launch Open Banking payment option
Wed, 20th Dec 2023
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accc
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retail
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merchants
Waave, Quest Payment Systems and Chemist Warehouse team up to deliver Australia's first Open Banking checkout option.
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Aussie IT firm warns of high cybercrime risk during festive season
Tue, 12th Dec 2023
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malware
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martech
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commerce systems
Aussie IT firm CMTG warns of potential cybercrime increase during Christmas season due to rising online shopping habits.
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AI technologies heighten risk of Black Friday scams in Australia
Mon, 13th Nov 2023
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email security
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scams
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social media
Rise in AI technologies boosts Black Friday scam risk in Australia, with losses to fraud hitting $3.1bn in 2020.
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Scam reports surge by nearly 50% in first half of 2023
Thu, 10th Aug 2023
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email security
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cybersecurity
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scams
The use of conversational tools demonstrates how threat actors are beginning to match their ingenuity with new-found precision and patience.
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Australians hit hard by online scams and fraud this year
Wed, 17th May 2023
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email security
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cybersecurity
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australian federal budget
The Government has boosted its funding to combat online scams and fraud, as Australians have now lost almost AUD $200 million to scammers this year alone.
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Commpete hails ACCC’s decision to block Telstra and TPG deal
Wed, 21st Dec 2022
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edr
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endpoint protection
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mobile networking
Australian Competition and Consumer Commission has recently vetoed Telstra and TPG's deal to share a network in Australia’s regional and rural areas.
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Telstra to challenge ACCC ruling on MOCN agreement
Wed, 21st Dec 2022
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5g
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wireless networks
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telstra
The company says the agreement would provide significant benefits for customers through its 4G and 5G availability, infrastructure, RAN and coverage.
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Telstra to address 5G competition concerns by ACCC
Mon, 8th Aug 2022
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5g
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wireless networks
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accc
The Australian Competition and Consumer Commission has accepted a court-enforceable undertaking from Telstra to address competition concerns with Optus.
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Equinix AU to lead renewable energy purchasing group with H&M, Goldman Sachs, HSBC & Nike
Wed, 18th Aug 2021
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data centre operators
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power / energy
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accc
The ACCC has given Equinix the go-ahead to lead a joint renewable energy purchasing group for solar and wind electricity generation.
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Country-wide phishing reports up 75% in 2020
Tue, 19th Jan 2021
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phishing
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email security
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cybersecurity
In total, Australians lost $176 million to scams in 2020, 23% higher than the previous year, with phishing the most reported type.
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NBN scams conning Australians out of $110,000 every month
Tue, 18th Jun 2019
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broadband
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email security
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cybersecurity
People aged over 65 are particularly vulnerable, making the most reports and losing more than $330,000 this year. That’s more than 60% of the current losses.
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How IoT can help combat the energy crisis
Fri, 7th Sep 2018
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iot
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daas
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data centre maintenance / management
Data collection and monitoring enabled by the internet of things, combined with analytics and visualisation, can help SMEs manage their energy usage.
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ACCC issues warning about new twist on remote access scams
Tue, 28th Aug 2018
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email security
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cybersecurity
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scams
The ACCC has issued another warning to Australians to be wary of scam tactics, as victims continue to lose large sums of money.
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Investment scams a 'heartbreaking' reality as Australians lose millions
Tue, 24th Jul 2018
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email security
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cybersecurity
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investment
So far in 2018 Australians have lost more than $26 million to investment scams. Already monthly losses have increased 117% since last year.
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National Scams Awareness Week: Australians lost $340m in 2017
Tue, 22nd May 2018
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email security
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cybersecurity
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scams
Scammers stole $340 million from Australians in 2017 – ACCC says this is the biggest loss ever recorded on its books.
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Telstra to front federal court over direct billing services
Mon, 26th Mar 2018
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telecommunications
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telstra
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accc
Telstra faces fines of up to AUD$10m and customer refunds after admitting to misleading consumers about its Premium Direct Billing service.
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Three Vocus subsidiaries to compensate customers over inadequate NBN speeds
Fri, 23rd Mar 2018
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broadband
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accc
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nbn
Vocus to refund customers over NBN speed claims.
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Reseller pleads guilty to stealing from vulnerable rural Australians
Fri, 2nd Feb 2018
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physical security
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accc
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cios
Jackson Temi Anni has been sentenced to 18-months imprisonment for lying about products and taking money directly from consumers' bank accounts.
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Telstra loses ACCC pricing battle in Federal Court
Wed, 29th Mar 2017
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telstra
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accc
The Federal Court has dismissed Telstra’s application for a judicial review of the ACCC’s reduced fixed line services pricing determinations.
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TPG revenue, profit soars on back of iiNet acquisition
Thu, 29th Sep 2016
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broadband
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accc
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spectrum
TPG’s revenue has soared 88% on the back of its acquisition of iiNet, with the telco also reporting a bumper revenue increase.
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ACCC action sees reseller banned from entering indigenous communities
Tue, 10th May 2016
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cios
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accc
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acc
A reseller whose conduct was deemed ‘unconscionable’ has agreed not to enter indigenous communities to sell product and will pay $20,000 in redress.
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ACCC examines competition implications of Telstra NBN involvement
Mon, 11th Apr 2016
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broadband
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telstra
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nbn
The ACCC is looking at proposals from NBN and Telstra to address concerns around the competition implications of Telstra’s involvement in the rollout.
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ACCC begins Federal Court action against SoleNet
Tue, 5th Apr 2016
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cios
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accc
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isp
Long running battles with ISP SoleNet, Sure Telecom and director James Harrison are heading to court as the ACCC alleges 'unconscionable conduct'.